Post
Topic
Board Speculation (Altcoins)
Re: STABLECOIN: comparison and opportunities
by
ScarletSnow
on 03/04/2019, 06:16:33 UTC
With the markets often manipulated and in the hands of the great whales, we small investors are at the mercy of violent downpours and sudden dumps, which erode or cancel the gain of months or years in a few months (as happened from December to today). How to try to protect yourself from all this?
Until recently there were only two possible ways: bank transfer out of the exchange to your bank (return to FIAT) or temporarily park their crypts and convert them into Tether, with all the risks involved.

In recent months, however, following the alleged rumors on the solvency of tether, alternatives to tether or bank transfer have been developed; they are the so-called STABLECOIN

1) TrueUsd (TUSD) which uses smart contracts to guarantee decentralization; coupled to the dollar, the euro, the yen, but also to precious raw materials, stocks and real estate

2) Dai (DAI) in which users block their ETHs in an intelligent contract within the MakerDao system, from which Dai is born; when you redeem the Dai, you get your ETHs again

3) Haven Protocol (XHV), when the system and the network will be mature and stable, through crypto haven it will be possible to keep crypto or fiat sending them to offshore storage contracts that will retain the value of that precise moment; Haven is Monero's fork, for which he inherits anonymity and stealth, as well as having RingCT.

4) Digix (DGX), is the first coin totally hooked to gold, in which 1DGX = 1 gram of gold, allowing us to actually purchase 99.99% LBMA gold standard, certified with Bureau Veritas audit and guarded at Silver Bullion's Safe House, redeemable in 100g or 1000g ingots by going to the Vault store in Singapore.

Then we have other little known and with very few volumes, but still valid, such as NUBITS and EURN
Finally there are several other projects ready to be born, among which I would mention:

Alchemint (SDT) coin launched on Neo blockchain, hooked and stabilized with Neo and then with gold, real estate and other crypto.

Carbon that will use Hedera Hashgraph's ledger (new alternative blockhain that uses Asynchronous Byzantine Fault Tolerance, the strongest form of security attainable for a distributed ledger), which incorporates an elastic policy adjusting the amount of money to market demand, maintaining stability price of $ 1.


In conclusion, today compared to a few months / year ago there are many more possibilities to protect our crypto earnings / savings when we see strong turbulence and market volatility. In some cases, if well exploited, these possibilities also allow us to earn rather than lose capital, such as token Digix in which we can exploit the bitcoin / crypto downtrend with the rise of gold, a safe haven.


Updating 28-03-2019

Tether  USDT                      https://tether.to/
USDC                                 https://www.centre.io/index.html
TUSD                                 https://www.trusttoken.com/trueusd/
Paxos  PAX                          https://www.paxos.com/pax/
GUSD                                 https://gemini.com/dollar/
USDS                                  https://www.stably.io/
X8X                                    https://www.x8currency.com/
Globcoin GLX                       https://globcoin.io/
Stasis                                 https://stasis.net/
Stronghold USDS                 https://stronghold.co/stronghold-usd
White Standard WSD            https://thewhitecompanyus.com/?utm_source=cryptoslate
Alchemint  SDUSD                https://alchemint.io/
Noku  EURN                         https://www.noku.io/
Corion                                  https://www.corion.io/
Steem Dollar  SBD                https://steem.com/

 
After these coins anchored and stabilized to the money FIAT, now in review the stablecoin hooked and stabilized, through intelligent and decentralized contracts, to the same cryptocurrencies
Crypto-collateralized Stablecoins

the most important, with the greatest capitalization and market share is
DAI                                                  https://makerdao.com/en/
Bitshares   BitUSD bitCNY  bitEUR       https://bitshares.org/
NuBits   USNTB                                 https://nubits.com/
Havven NUSD                                   https://www.synthetix.io/
Augmint A-Euro                                https://www.augmint.org/
Sweetbridge Network                        https://sweetbridge.com/


Hybrid Stablecoin Models

Reserve             https://reserve.org/
Saga                 https://www.saga.org/
Aurora Boreal   https://auroradao.com/platform/boreal/

Alternative Stablecoin Models

Phi                 https://dfinity.org/pdf-viewer/pdfs/viewer?file=../library/phi-dfinity-extended-v2.pdf
Stableunit       https://stableunit.org/
TerraMoney     https://terra.money/
Celo               https://celo.org/technology

Metal-backed Stablecoins

Digix              https://digix.global/
Tiberius Coin  https://www.tiberiuscoin.com/
Ekon   EKG    https://ekon.gold/

Nice summary tho. i just hope this stable coins are reliable enough will emerge into the market. Im really looking forward to these coins posted in here.